Nexstar Media Group/$NXST

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About Nexstar Media Group

Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Ticker
$NXST
Sector
Communication
Primary listing
NASDAQ
Employees
-
Headquarters
Irving, United States
Website
www.nexstar.tv

NXST Metrics

BasicAdvanced
$5.4B
33.09
$5.34
0.90
$7.44
4.21%

What the Analysts think about NXST

Analyst ratings (Buy, Hold, Sell) for Nexstar Media Group stock.
Analyst projections of the future price of Nexstar Media Group stock.

Bulls say / Bears say

The U.S. Justice Department unconditionally cleared Nexstar’s $3.5 billion acquisition of Tegna, creating the largest operator of local television stations with an 80% household reach, significantly enhancing the company’s scale and advertising leverage (Bloomberg).
Record second-quarter 2026 net revenue of $1.99 billion—up 62.2% year-over-year—was driven by $697 million of incremental Tegna revenue, demonstrating the merger’s accretive impact on top-line growth (SEC 10-Q).
Adjusted free cash flow more than doubled to $238 million (up 135.6% year-over-year), and Nexstar repaid $409 million of debt in Q2, illustrating strong post-merger cash generation and balance-sheet deleveraging (SEC 10-Q).
A U.S. appeals court issued a preliminary injunction halting Nexstar’s integration of Tegna, with the delay costing the company tens of millions of dollars in unrecoverable operational efficiencies as Tegna continues to operate separately (Reuters).
Second-quarter 2026 net income margin contracted to 5.7% from 7.4% a year ago due to $53 million of one-time merger expenses and elevated interest expense on debt raised for the Tegna acquisition, highlighting increased leverage risks (SEC 10-Q).
Nexstar faces multiple antitrust and shareholder lawsuits related to the Tegna merger that could mandate divestitures, prolonged hold-separate obligations, or other remedial actions, potentially disrupting integration and incurring material costs (SEC 10-Q).
Data summarised monthly by Lightyear AI. Last updated on 5 Sept 2026.

NXST Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

NXST Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

NXST News

AllArticlesVideos

Nexstar's Local TV Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Content

Business Wire4 weeks ago

Nexstar Media Group Q2 Earnings Call Highlights

MarketBeat1 month ago

Nexstar CEO Says Tegna Suit Settlement Is Possible, But Says Company Faces No Paramount-Style Ticking-Fee Pressure

Deadline1 month ago

Funds containing NXST

AllEURUSDGBP
Funds
Fund name
Fund size
$NXST weighting
iShares Dow Jones U.S. Select Dividend€EXX5
€412M0.40%
SPDR S&P 400 US Mid Cap$SPY4
$6.4B0.14%
SPDR S&P 400 US Mid Cap£SPX4
£4.7B0.14%
L&G Global Quality Dividends£LDGG
£269M0.09%
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG
€2.8B0.07%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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